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The Ministry of New and Renewable Energy (MNRE) is working on a set of guidelines to provide compensation to solar power generators in case they are asked to back-down capacity by distribution companies.

Coal as a fuel for power generation is as important as renewable sources as it is essential to maintain the country’s base load, power, coal, renewable energy and mines minister Piyush Goyal today said.

Power Finance Corporation (PFC) has reported an over 23% surge in standalone net profit to Rs 1,949.91 crore for the third quarter ended December 31. The company had posted a net profit of Rs 1,582.32 crore for the corresponding quarter of last fiscal, PFC said in a BSE filing today.

Smart grid technology – such as management systems in power plants – may be prone to hacking, say scientists who delved into “nightmare” scenarios where hackers exploit security weaknesses and execute a disruptive plan of cyberattacks.

Excess power generation capacity provides India an opportunity to shift completely to green energy. If the country can halve storage technology prices in 10 years it can do without the need for new coal based plants